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Decision (EU) 2023/852 amending Decision (EU) 2015/1814 as regards the number of allowances to be placed in the market stability reserve for the Union greenhouse gas emission trading system until 2030.

Country/Territory
European Union
Document type
Legislation
Date
2023
Source
FAO, FAOLEX
Original source
Official Journal of the European Union L 110, 25 April 2023, pp. 21-24.
Subject
Air & atmosphere
Keyword
Air quality/air pollution Emissions Emissions trading Pollution control
Geographical area
European Union Countries
Entry into force notes
This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
Abstract

This Decision makes amendment in the Decision (EU) 2015/1814 regarding the number of allowances to be placed in the market stability reserve for the Union greenhouse gas emission trading system until 2030. The last sentence in Article 1(5), first subparagraph, of Decision (EU) 2015/1814 is amended, as follows: ‘By way of derogation from the first and second sentences of this subparagraph, until 31 December 2030, the percentages and the 100 million allowances referred to in those sentences shall be doubled.’

Full text
English
Website
eur-lex.europa.eu

References - Legislation

Amends

Decision (EU) 2015/1814 of the European Parliament and of the Council concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC.

Legislation | European Union | 2015

Keyword: Pollution control, Air quality/air pollution, Ozone layer, Climate change

Source: FAO, FAOLEX